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Gold price rises by Rs 881, silver rate also increases

On Thursday, the price of gold and silver witnessed an increase in the market. Today, gold became costlier by Rs 881 to Rs 44,701 per 10 grams. The price of silver also rose heavily by Rs 1,071 to Rs 63,256 per kg. The silver metal was at Rs 62,185 per kg in previous trade while gold had closed at Rs 43,820 per 10 grams on Wednesday. According to HDFC Securities, gold was at US $1,719 an ounce and silver was at $24.48 an ounce in the international market. Tapan Patel, Senior Analyst (Commodities), HDFC Securities said, “Gold prices witnessed a sharp rebound recovering from the bear territory.”

Read more: The Economic Times | PTI News

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